Is Self Employment for you?

Going to work everyday is something we all have to endure at some point in our lives. We would all be forgiven if at some point we took a sickie or pretended we have an ill relative. Many of us do our best to ensure we do the very least that we need to in order to get paid and there are even more of us that don’t have a good word to say about our boss. All that said, we all have to work so that we can live as e all know the saying ‘we work to live’. As I have such an issue with work, I often considered, if working for myself might be more suited to my demeanour. Being self employed has many positives but also some negatives too.

Firstly, Let’s Look at the Negatives:
1. Working for yourself means that if you don’t work you don’t get paid, so sickies will be over forever
2. Organisation of your own tax can be a bit of a headache if you struggle with financial things.
3. Many new businesses fail within the first year so hard work and effort is required.
4. Staff management is the final negative. Managing staff is not difficult but you have to remember even the best decisions you make will not suit everyone, so being thick skinned is a must.

Secondly, the Positives:
1. The first and most obvious positive to being self employed is that you are your own boss so in a nut shell you make all the decisions yourself.
2. You can work at something you enjoy and take breaks when they suit you.
3. Money is a key positive as we have all heard the saying that you won’t get rich if you work for someone else.
Being self employed is never easy but along as you set realistic goals and do something you enjoy, working for yourself really will be the best decision you will ever make.